Blaise Gadanecz

Economist

Monetary and Economic Department

Before joining the BIS, Blaise worked for the central bank of the French Overseas Departments and Territories and in the Bank of England's Financial Stability Department. He holds a PhD in economics from the University of Wales and a master's degree in banking, finance and insurance from the Université Paris-Dauphine.

Fields of interest

Financial markets
Central banking
Monetary policy

Date	BIS research papers
Dec 2014	Exchange rate risk and local currency sovereign bond yields in emerging markets BIS Working Papers No 474 Other authors: Ken Miyajima and Chang Shu
Aug 2014	How might EME central banks respond to the influence of global monetary factors? BIS Papers No 78 Other authors: Ken Miyajima and Jörg Urban
Mar 2014	Foreign exchange intervention and the banking system balance sheet in emerging market economies BIS Working Papers No 445 Other authors: Aaron Mehrotra and Madhusudan Mohanty
Oct 2013	The exchange rate, real economy and financial markets BIS Papers No 73 Other authors: Aaron Mehrotra
Sep 2012	Have public bailouts made banks' loan books safer? BIS Quarterly Review September 2012 Other authors: Michael Brei
Jul 2012	Public recapitalisations and bank risk: evidence from loan spreads and leverage BIS Working Papers No 383 Other authors: Michael Brei
Jul 2011	The value of repeat lending BIS Working Papers No 350 Other authors: Alper Kara and Philip Molyneux
Nov 2008	External support and bank behaviour in the international syndicated loan market BIS Working Papers No 265 Other authors: Kostas Tsatsaronis
Mar 2007	Economic derivatives BIS Quarterly Review March 2007 Other authors: Richhild Moessner and Christian Upper
Dec 2006	Leveraged loans and Asian financial integration: the case of casino financing Other authors: Robert Neil McCauley

" Introducing financial stability considerations into Taylor rules in emerging market economies" (with K Miyajima and J Urban), Applied Economics Letters, vol 22, no 16, 2015.
" Optimized Taylor rules with domestic bond yields in emerging market economies" (with K Miyajima and J Urban), Applied Economics Letters, vol 22, issue 9, 2015. Also published in BIS Papers no 78.
" Spoilt and lazy: The impact of state support on bank behavior in the international loan market" (with K Tsatsaronis and Y Altunbas), International Journal of Central Banking, vol 8, no 4, pp 121-73, December 2012. Also published as BIS Working Papers no 265.
" Asymmetric information among lending syndicate members and the value of repeat lending" (with A Kara and P Molyneux), Journal of International Financial Markets, Institutions & Money, vol 22, no 4, pp 913-35, October 2012. Also published as BIS Working Papers no 350.
" The term structure of credit spreads in project finance" (with M Sorge), International Journal of Finance and Economics, vol 13, no 1, pp 68-81, January 2008. Also published as BIS Working Papers no 159.
Syndicated loans: a hybrid of relationship lending and publicly traded debt (with Y Altunbas and A Kara), May 2006.
" Key factors affecting internationally active banks' decision to participate in loan syndications", Applied Economics Letters, vol 12, no 4, pp 249-53, 2005.